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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Lou Weed who wrote (77524)3/15/2023 3:41:30 PM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

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I don't like bubbles. Can't sleep knowing your just owning something because you're counting on someone being more stupid than you to buy it from you but it's really worth a lot less than what you paid for it.
Plus all my indicators get useless in extended markets.
They are doing a great job at keeping this close to max pain. RSP is down almost double the SPX. You can sell a lot of stocks in a cap weighted index while not spending much buying a little MSFT, AAPL, GOOGL and make the SPX look like nothing major is going on.

EDIT - The XLB, XME and trannies are getting murdered.
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